Georgia Statutes

§ 33-37-43 — Payment of distributions

Georgia·Title 33
Under the direction of the court, the liquidator shall pay distributions in a manner that will assure the proper recognition of priorities and a reasonable balance between the expeditious completion of the liquidation and the protection of unliquidated and undetermined claims, including third-party claims. Distribution of assets in kind may be made at valuations set by agreement between the liquidator and the creditor and approved by the court.

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Related

Garamendi v. Ryles
420 S.E.2d 633 (Court of Appeals of Georgia, 1992)
2 case citations
Heritage Insurance Co. of America v. Evans
421 S.E.2d 534 (Court of Appeals of Georgia, 1992)
1 case citations

Nearby Sections

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